The Office for National Statistics is due to release the figures for March at 07:00 BST - the first time we will get a sense of the impact of the Iran war on the cost of living in the UK.

U.S. President Donald Trump said he's prepared for more fighting in Iran if there's no progress in a coming round of ceasefire talks in Pakistan. The US-Iran ceasefire expires Wednesday.

The standoff over the Strait of Hormuz intensified over the weekend as U.S. forces fired on and then seized an Iranian vessel, and with Tehran refusing to accept diplomacy amid the ongoing blockade of its ports and exports.

A family haulage firm has calculated the US war with Iran has increased their fuel bill by £100,000. Stuart Wring, who runs Wrings Transport at Avonmouth in Bristol, says the price hikes have been "crazy".

By Yuka Obayashi and Helen Clark TOKYO, PERTH, April 22 (Reuters) - Oil prices were largely flat on Wednesday after rising about $1 at the start of Asian trading, with investors assessing the outlook for U.

President Donald Trump blinked again by extending the ceasefire with Iran.

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